Proof of Usefulness Report

Juvo

Analysis completed on 2/9/2026

+596
Proof of Usefulness Score
Industry Mainstay

Juvo is a verified Series B+ fintech company (over $96M in funding) with significant operations in Brazil and global telco partnerships. However, the submission quality is extremely poor, featuring hyperbolic falsehoods (Audience: 'everyone', Traction: 'most people') and outdated text from ~2017. While the '500M' reach claim likely refers to partner addressable markets rather than active users, the company has proven real-world utility in financial inclusion and operates as a licensed lender. The final score reflects strong fundamental business value and verified traction (recent 2025 funding activity), significantly penalized by the unreliable and exaggerated input data.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+80
Technical Innovation+120
Evidence Of Traction+112.5
Market Timing Relevance+80
Functional Completeness+10
Subtotal+627.5
Usefulness Multiplierx0.95
Final Score+596

Project Details

Project URL
Description
Juvo was founded with an overarching mission: to empower the billions of unbanked people around the world to create financial identities and access financial services - all through their everyday interactions with their mobile phone. In partnership with mobile network operators, Juvo’s proprietary Identity Scoring technology uses data science, machine learning and game mechanics to create an identity-based relationship with anonymous prepaid users, opening up access to otherwise unattainable mobile financial services. Since emerging from stealth in September 2016, Juvo has increased its global reach more than five times over, from 100 million to over 500 million, and has steadily grown its operations and employee base worldwide with 55 employees today. To date, Juvo has enabled over 250M transactions in 25 countries and 4 continents, with 1M active users per day. Juvo is a privately held company backed by global business leaders and luminaries in the world of tech, mobile and finance. Juvo just completed a US$40 million Series B funding round with funding from by top-tier VCs including NEA, Wing Venture, and Freestyle Capital. Early investors in the company, including the former CEOs of AT&T Wireless, NYSE, Sprint, Telefonica International and Vodafone Group, have each taken part in the latest B round. Its executive team comprises accomplished industry leaders across the data science, consumer internet, financial services and mobile telecom fields.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline